GFG Resources Inc V.GFG

GFG Significantly Expands Montclerg Gold System

[Betteryear2]

KEY HIGHLIGHTS:

• Hole MTC-23-059, a 150-metre step-out hole down-dip, returned 4.79 grams of gold per tonne (“g/t Au”) over 12.8 metres (“m”) including 10.05 g/t Au over 4.3 m at the Montclerg Gold Project (“Montclerg” or the “Project”).
• Hole MTC-23-063 returned 3.38 g/t Au over 5.8 m near surface.
• Assay results from 12 holes remain pending.
• Drilling is planned to resume in February with a primary focus at Montclerg and testing high-priority targets across the Goldarm Property.
• Completed a first pass till sampling program consisting of 224 samples across the Dore Gold Project (“Dore”), located south of the Pen Gold Project and adjacent to IAMGOLD, Evolution and Newmont.
• Join Brian Skanderbeg, CEO of GFG Resources for a LIVE virtual event on Wednesday, December 6th at 1:00 pm ET: Click here to register for the event.

SASKATOON, Saskatchewan, Dec. 05, 2023 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) reports initial gold assay results from its recently completed 2023 Phase 2 drill program from its Montclerg Gold Project, located 40 kilometres (“km”) east of Timmins, Ontario (see Tables 1-2 and Figures 1-6). The results released today are from three drill holes completed along the Montclerg gold system where GFG has continuously proven and grown a robust gold system since the Company acquired the asset in October 2021.

GFG Significantly Expands Montclerg Gold System at Depth (globenewswire.com)